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Home Business News

Stop begging wealthy men for money – NairaBet founder advises

Chidinma Nwagbara by Chidinma Nwagbara
August 21, 2019
in Business News, Financial Literacy
Akin Alabi, Value selling,

Akin Alabi, founder NairaBet.

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Nigerian entrepreneur and Founder of NairaBet, Akin Alabi has addressed the entrepreneurs who often beg wealthy men in order to obtain favour or help from them. 

The businessman, in a video posted on his Twitter page, advised entrepreneurs to sell value rather than demanding free assistance without creating an avenue to sell their businesses. Selling value, according to him, will make entrepreneurs get more help. 

Change your mindset: Alabi stated that it is important for young entrepreneurs to change the notion of always asking for favour when they come across a “big man”. He said they should rather develop the mindset of adding value which will make them sell their businesses. 

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[READ MORE: Pension plan participation among Nigerians increases]

“When an average guy meets a big man, the first thing that comes to his mind is that this guy is going to change my story or life. That’s a wrong thinking, what you should be thinking about is that how can I contribute to the life of this big man.”  

Stand out from the crowd: According to Alabi, many people are used to asking wealthy men for favour and assistance. He said entrepreneurs need to ensure they stand out from the crowd so that they can be heard.  

 “Differentiate yourself from the hundreds of people asking for help. If you can separate yourself from the others, when he looks at his missed calls, He will always want to call you back. You should be able to add value to his life. That way you’re going to be different rather than joining the hundreds of people asking him for a favour.” 

[READ ALSO: Why You Need An Online Will]

The business owner ended his lesson by asking entrepreneurs if they would listen to people who constantly ask them for a favour or those trying to add value to their lives in exchange for a price.   

He concluded by saying, “Always try to contribute to the lives of people and that way you will get more help.”  

See video below:

This is the reason why the “big” man will not call you back or return your messages. pic.twitter.com/M41dhLrJtS

— Oloye Akin Alabi (@akinalabi) August 20, 2019


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Tags: Akin Alabientrepreneurshow to sell valueNairabetvalue selling
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

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